Kraig is a graduate of Geraldine High School and Montana State University, where he earned degrees in Agricultural Business and Range Science. He is an active member of the National Cattlemen’s Beef Association and the Montana Farm Bureau, as well as the Montana Public Land Council. Kraig has previously served on the board of directors for the Montana Stockgrowers Association, and as director and president of the Chouteau County Livestock Protection Association. He also served as a past director of the Montana High School Rodeo Association. Kraig and his wife, Raeann, along with their children, Caleb and Ellie, operate Lazy Bell Ranch, a diversified cow/calf, yearling, and small grain operation in the Geraldine and Winifred area. Kraig has been a member of the Strand Foundation since 2024.